The Blog
Welcome to the McPhillips Law blog, where we explore key legal issues for entrepreneurs, professionals, nonprofit leaders, individuals, and families. The firm’s articles cover a range of topics, including business, tax, and nonprofit law, along with insights on how these areas intersect with estate planning. While McPhillips Law no longer provides estate planning services, I’m happy to connect you with trusted referrals in the Tampa area—just reach out!
Smart Ways to Leave Your Kids Their Inheritance
Most parents know they want their children to inherit their estate someday. What they may not know is that, without an estate plan, their kids could inherit a big lump sum on their 18th birthday! Even parents of the most responsible children may not want this. The good news is you can put legal documents in place that override this default rule.